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The Consumer Financial Protection Bureau proposed wide-sweeping rules deterring mandatory, individual arbitration in favor of class actions across a variety of consumer finance transactions. Here's how to be proactive in consumer litigation class action readiness.

High-profile cases of ethical failures cross the boundaries of all sectors of our economy, cause devastating financial results and erode public trust. Here's a summary of the Association of Certified Fraud Examiners Report to the Nation on Occupational Fraud and Abuse.

While there are many reasons couples divorce, the process of getting a divorce can be confusing, complex and often highly emotional, and having the right team of professionals to guide you through the process can help ease the emotional pain, promote efficiency and timeliness, and make the process less confusing. The focus of this article is on forensic accountants and the services they provide.

Advice on asset valuation for equitable distribution during a divorce. A closely held business is one of the major assets of the marital estate. A business valuation expert can determine the value of the business for equitable distribution. Learn more about valuations in divorce settlements.

Vacature of an arbitration award by a court is rare and usually only happens if the party seeking vacature can prove a bias on the part of the arbitrator or a blatant disregard of the law.Recently, in a matrimonial arbitration, the husband, as the defendant, sought to vacate the arbitration award.

According to the most recently released survey by the Association of Certified Fraud Examiners, organizations worldwide lose an estimated 5% or a staggering $3.7 trillion dollars of their annual revenues to fraud. The Report also found the following.

What you need to know before a business valuation. There are many business valuation methods and the most accurate appraisals typically employ more than one method. Valuation reports should be written to well-recognized business valuation standards such as USPAP and SSVS.

The main thrust of U.S. and international regulatory authorities is focused in the areas of anti-corruption and anti-bribery – this article takes a look at new legislation as well as compliance and regulatory efforts.

Having a robust and functioning Bank Secrecy Act and Anti-Money Laundering program is a necessity in order to avoid fines and sanctions. This article covers areas to review now that will likely be important during your next Bank Secrecy Act / Anti-Money Laundering examination.

CPA participation in the arbitration process. Most arbitrators are either lawyers or retired judges, but there is a growing opportunity for a CPA to serve as an arbitrator. A CPA can also assist attorneys in the drafting of an arbitration clause.

The core features of a compliance program. Compliance is a cultural mind set. Assess your fraud risk. Identify the ongoing processes, controls and other monitoring procedures needed to mitigate risks. Train employees to recognize red flags.

Prenuptial agreements can be used to mitigate issues should the marriage fall short of a lifetime. A prenuptial agreement sets forth how financial issues will be treated during the marriage, in the event of a divorce, and even in the event of death.

The role of a creditors’ committee in a Chapter 11 case. Results creditors’ committees expect and using forensic accountants. Are creditors’ committees afforded any influence in bankruptcy negotiations? more information on a Creditors’ Committee in Chapter 11 cases.

Very often, law firms that engage us to perform litigation services ask us to sit in on the depositions of the other side’s fact or expert witnesses.  When this occurs, there is often a question as to whether or not we should take notes at these depositions and, if we do, whether our notes will be subject to discovery by the other side.

Most cannabis companies are focused primarily on scaling their operations, and there are few established government-imposed regulations that require or encourage the implementation of internal controls for private cannabis companies. The consistent application of a few key internal controls could yield a major benefit to the soundness of operations and security of companies’ processes throughout the entire cannabis industry.

Prices are rising across the board in today’s inflationary market. Learn five tips to help communicate price increases caused by inflation from the strategy that goes into determining the new cost to how you’re communicating that to your customers.

As rising energy prices and supply chain challenges continue to impact all industries, it’s never been more important to be flexible and consider transportation options that may have been previously overlooked.

This article examines earn-outs and claw-backs, two purchase price components that may be present and go beyond a simple exchange of cash and/or other predetermined consideration at closing -- and often take months, or maybe even years, to settle.

Russia’s invasion of Ukraine has already begun to show considerable repercussions on the world’s financial markets, and the global food supply may be next.

This article outlines the critical importance of a ‘CUI Champion’ and how that relates to protecting controlled unclassified information in your organization.